Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Airbags International, manufacturer of nylon airbags covered with silicon, has announced that it is to create 280 new jobs by relocating the production of airbags from the plant in Congleton (UK) to Poland. The exact location of the Polish plant has not been announced yet. Airbags International is a subsidiary of the Swedish-American Autoliv group, a global automotive safety products provider. As of April 2008, there is no information on when either employment at the plant will commence or the new jobs will be created by.
Eurofound (2008), Airbags International, Business expansion in Poland, factsheet number 66462, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66462.